Saving for a Rainy Day
ABLE News

Saving for a Rainy Day

March 28, 2022

Life can be unpredictable.
With an ABLE United account, you can be better prepared for whatever comes your way. Often referred to as a rainy day fund, ABLE United has helped thousands of Floridians with disabilities save for today, tomorrow, and the unexpected – all without losing the important benefits that they rely on now or in the future.

A rainy day fund is meant to cover unanticipated expenses, such as wheelchair repairs, medical procedures, or travel accommodations. But the disability community was at a disadvantage because many of them were unable to save for emergencies or rely on personal funds for the unexpected “rainy” days.

For so long, many individuals with disabilities receiving public benefits like Social Security or Medicaid, were previously only allowed to save $2,000.

These financial constraints inspired a group of parents who have children with disabilities to advocate for the passage of the ABLE Act which led to the creation of ABLE United, Florida’s disability savings program.

At its core, ABLE United believes that every individual with a disability deserves the opportunity for an independent life – and with these tax-advantaged savings and investment accounts, thousands of Floridians with a disability can now secure their future without impacting their benefits. These accounts are designed to cover unexpected expenses and more, with the opportunity for the earnings to grow tax-free.

And when you complete enrollment online by June 30 and contribute at least $25, you will receive a FREE $50 contribution into your new ABLE account, your own rainy day fund.

Start saving today

Whether you’re a current account holder, or considering trying out an account, we are here for you. Rain – or shine.

Enroll Today


*Promotion Guidelines:

Enroll in an ABLE United account between April 1, 2022 and June 30, 2022 on ableunited.com, and you will receive a $50 contribution into your new ABLE United account. This offer only applies to new accounts for beneficiaries who have not had an account with ABLE United previously and are opened between April 1, 2022 and June 30, 2022. Funds earned will be deposited directly into your ABLE United account 6-12 weeks after the promotion ends. ABLE United is a savings and investment plan that may be used to set aside funds for qualified disability expenses. Funds may be used tax-free to pay for any qualified disability expense. This promotion is limited to the first 1,000 accounts. ABLE United reserves the right at its sole discretion to disqualify any individual it finds to be in violation of the guidelines or any laws, or to be attempting to undermine the legitimate operation of the promotion by cheating, hacking, deception, or any other unfair practices. Please review the Program Description and Participation Agreement before opening an account.